58 Waters Road, Cremorne, NSW 2090

The Phone Code for this property is: 36930. Please quote this number when phoning or texting. Prime LMR Development Opportunity with Harbour Outlooks | Neutral Bay / Cremorne Flexible options (1) to build boutique duplex ( architect plans are available and can sell subject to DA ) (2) An exceptional opportunity to secure a high-potential amalgamation site within the tightly held Lower North Shore, positioned in the LMR (R3 Medium Density) zone with scope for a landmark development (STCA). Set on a level parcel with potential for up to 6-storey construction, the site captures desirable water views towards Beauty Point and offers strong future upside in one of Sydney's most in-demand pockets. Key Highlights: -LMR (R3) zoning with potential for 6-storey development (STCA) -Ideal amalgamation opportunity with neighbouring properties -Potential harbour/water views towards Beauty Point -Level site for ease of development -Minutes' walk to Neutral Bay Village, cafes, dining and retail -Frequent city buses within few mins walk or another bus at doorstep -Close to leading schools including Redlands, plus childcare and local amenities The existing dwelling is currently tenanted, providing holding income . There is potential to negotiate with neighbouring owners for a larger consolidated site, including long settlement terms or call and put option arrangements. A rare offering combining location, scale and future potential in a blue-chip harbour-side precinct. Price will vary depends up on its use eg as DA approved duplex site or amalgamation with neighbour for townhouses or 6 floors apartmenets . Don't miss - please contact us. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.